F5, Inc. (NASDAQ:FFIV – Get Free Report) EVP Thomas Dean Fountain sold 1,110 shares of F5 stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $248.66, for a total value of $276,012.60. Following the completion of the sale, the executive vice president owned 18,053 shares of the company’s stock, valued at $4,489,058.98. The trade was a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Thomas Dean Fountain also recently made the following trade(s):
- On Monday, December 1st, Thomas Dean Fountain sold 1,110 shares of F5 stock. The shares were sold at an average price of $236.99, for a total transaction of $263,058.90.
- On Monday, November 24th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The stock was sold at an average price of $234.91, for a total transaction of $260,750.10.
- On Tuesday, November 18th, Thomas Dean Fountain sold 1,110 shares of F5 stock. The shares were sold at an average price of $227.44, for a total transaction of $252,458.40.
- On Monday, November 3rd, Thomas Dean Fountain sold 8,318 shares of F5 stock. The shares were sold at an average price of $249.78, for a total transaction of $2,077,670.04.
F5 Trading Down 0.7%
NASDAQ:FFIV opened at $262.67 on Friday. The company has a market cap of $15.26 billion, a PE ratio of 22.24, a price-to-earnings-growth ratio of 8.43 and a beta of 0.99. The company has a 50 day simple moving average of $267.26 and a two-hundred day simple moving average of $293.37. F5, Inc. has a 12 month low of $223.76 and a 12 month high of $346.00.
Analyst Upgrades and Downgrades
FFIV has been the subject of a number of recent research reports. Royal Bank Of Canada cut their price target on F5 from $350.00 to $315.00 and set a “sector perform” rating for the company in a research note on Tuesday, October 28th. Weiss Ratings restated a “buy (b-)” rating on shares of F5 in a research report on Monday. Zacks Research cut shares of F5 from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 11th. Evercore ISI reiterated a “cautious” rating on shares of F5 in a research note on Tuesday, October 28th. Finally, Bank of America reduced their price objective on F5 from $260.00 to $250.00 and set an “underperform” rating for the company in a research note on Tuesday, October 28th. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $295.56.
Check Out Our Latest Stock Analysis on FFIV
Institutional Trading of F5
A number of hedge funds and other institutional investors have recently modified their holdings of FFIV. Whipplewood Advisors LLC lifted its stake in shares of F5 by 275.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 90 shares of the network technology company’s stock valued at $26,000 after buying an additional 66 shares in the last quarter. Groupe la Francaise purchased a new position in shares of F5 in the first quarter valued at about $34,000. Flaharty Asset Management LLC purchased a new position in shares of F5 in the first quarter valued at about $35,000. Abich Financial Wealth Management LLC bought a new position in shares of F5 in the third quarter worth about $37,000. Finally, Geneos Wealth Management Inc. grew its position in shares of F5 by 288.1% during the first quarter. Geneos Wealth Management Inc. now owns 163 shares of the network technology company’s stock worth $43,000 after purchasing an additional 121 shares in the last quarter. 90.66% of the stock is owned by hedge funds and other institutional investors.
About F5
F5, Inc provides multi-cloud application security and delivery solutions in the United States, Europe, the Middle East, Africa, and the Asia Pacific region. The company’s distributed cloud services enable its customers to deploy, secure, and operate applications in any architecture, from on-premises to the public cloud.
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